265 Pro Peat Dr SUGAR CITY ID 83448 | 2142293

265 Pro Peat Dr
SUGAR CITY, ID, 83448
$1,800,000
Beds
Baths
0 SqFt
3 Acres
Sugar RV Park -Welcoming family-oriented campground 3 blocks from Sugar City exit off Hwy 20 & several blocks from Hwy 20 & Hwy 33 Full Interchange. The RV Park is a Relaxing, Beautiful and Friendly environment. West Yellowstone and Jackson Hole are only 1 hours away with all that is offered between each location. 25 pull-thru RV pads that are extra-long with each pad having an eclectic power stand with 30-amp, 50-amp and a 110 outlet, city sewer, and the famous “Sugar City Water” hook-ups & established grass between each pull-thru pad. This RV Park will be heading into its 3rd season after completing a very successful 2nd season with near full capacity through the busy season between May and Sept of 2021. Sugar RV Park is currently priced at a CAP Rate of 4.9 There is a number of monthly rentals during the off season that has generated good revenue for the RV Park, but will be eliminating monthly rentals during the busy season to accommodate more nightly rentals which generates more than double the revenue per night. The RV Park has already increased the nightly rental rates for the 2022 season. These two changes will increase net revenue by approx $11,500 which will increase the CAP rate to 5.5. See Other Documents for P&L and additional Info

Property Details

Price:
$1,800,000
MLS #:
2142293
Status:
Active
Address:
265 Pro Peat Dr
Type:
Commercial
City:
SUGAR CITY
Listed Date:
Feb 21, 2022
State:
ID
ZIP:
83448
Lot Size:
130,680 sqft / 3.00 acres (approx)
Year Built:
2019
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265 Pro Peat Dr
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